The Hornets drafted Vonleh, a 6-10 forward, with the ninth overall pick in last month’s NBA draft. Terms of the deal were not disclosed. Vonleh, who played one season at Indiana, was Big Ten Freshman of the Year and third team all-conference after averaging 11.3 points, nine rebounds and 1.4 blocks per game. He shot 52.3 percent from the field and 48.5 percent from three-point range.

P.J. Hairston, a first-round pick obtained from Miami, has yet to sign.

Pargo, a 6-1 backup point guard, has averaged 6.1 points and 1.8 assists per game with the Hornets while shooting 41.9 percent from the floor.“We’re pleased that Jannero will be back with us again this season,” Charlotte General Manager Rich Cho said. “He is a great veteran presence in our locker room who is always ready when called upon.”

A nine-year NBA veteran who has played with seven teams, Pargo averages of 6.4 points, 2.0 assists and 1.4 rebounds for his career.